CNET también está disponible en español. The world’s leading cryptocurrency dropped below $8,000 on Friday, about 60 percent off its all-time high of nearly $20,000 in mid-December.
It’s been a rough start to the year for cryptocurrencies. Bitcoin’s postholiday hangover kept going this week, but the cryptocurrency is likely to weather yet another downturn.
That’s the general takeaway from some experts who follow the digital currency. They said bitcoin should remain extremely volatile as it continues to develop.
“You’ll see huge moves up, huge moves down. That’s just the way it moves,” said David Johnson, CEO of Latium, a website that pays people in cryptocurrencies for completing crowdsourced tasks.
Early Friday, bitcoin saw its price sink below $8,000 for the first time since November, dropping about 60 percent from its all-time high of nearly $20,000 a month and a half ago, according to the research site CoinDesk. Other major cryptocurrencies such as Ethereum and Ripple have also declined in recent weeks. Read more from cnet.com…
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